Tag: India
Bank provisioning falls to three-year low as recoveries improve
This story becomes even more meaningful when seen in the bigger reform journey of the last ten to twelve years. Banking has been one of the biggest areas of reform in India, especially after the rise in bad loans forced attention toward recovery, recognition of stress, and tighter discipline in lending. Â
A quiet power revolution: How the nation’s energy storage story is changing the game
In just three months of 2026, the nation added 4.6 GWh of battery energy storage capacity a 941% jump from the previous quarter.
Road ministry brings annual toll pass for people living near national highway toll plazas
People living within 20 km of a toll plaza on national highways can now purchase an annual pass costing ₹3,000 for 200 crossings, providing relief from repeated toll payments and reducing congestion at fee plazas.
May trade report shows strong export growth as goods exports surge nearly 18 percent due to global demand
May trade data reveals 18% export jump to $45B but a wider $28B trade deficit driven by soaring crude oil prices and elevated import expenses explained simply for everyone.
New price index move marks a big shift in inflation tracking in India
A new Producer Price Index is being introduced to replace the old wholesale-based system over time. The change will give a wider and more practical view of price trends in the economy.
US-Iran peace deal reopens Hormuz: Indian LNG tanker Disha, carrying over 62,000 metric tonnes of LNG, passes safely through the strait
The LNG tanker Disha, chartered by India’s Petronet LNG, crossed the Strait of Hormuz on June 14, becoming the first Indian ship to exit the Persian Gulf in over three months following a US-Iran peace deal announced by President Donald Trump.